White County Rotary Scholarship Trust

Nonprofit profile at a glance

EIN
271881534
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Cleveland, GA, USA
Phone
7068651829
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Kindergarten, Preschool, Nursery School, Early Admissions

Reported finances

Revenue
$11,818
Expenses
$6,000
Assets
$244,536

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

3 people listed

People named in this filing

  • Carl S Free (Trustee)
  • Rick Kelley (Trustee)
  • Eugene B White (Trustee)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

This trust is created to devote and apply the trust funds and assets exclusively for purposes of management of the Scholarship Fund of the White County Rotary Club, a duly chartered Rotary Club of Rotary International, Inc. The Scholarship Fund is designed to provide academic scholarships for those qualified students pursuing post secondary education. The Scholarship Fund is designed as an endowment for scholarships for post secondary students who are graduates of White County High School, and possess the qualities determined by the Board of Trustees as deserving of a scholarship award. Criteria for Scholarship Awards shall be determined and published by the Board of Trustees, which shall have the authority to modify such criteria from time to time.

What it reported doing in 2024

Providing scholarships to students of white county high school

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of total spending goes to programs and the filed numbers largely add up. A relatively small share of available resources goes toward mission work and reported officer compensation is a large share of total spending, which may reflect staffing concentration.

Rating breakdown

  • Financial Efficiency: 69
  • Transparency & Controls: 82
  • Sustainability: 78
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 50.8%; rating input score 51
  • Program expense ratio: 100%; rating input score 100

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: 49.2%; rating input score 91; 91st percentile among comparable filings
  • Total-asset coverage ratio: 40.76; rating input score 98; 98th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: 32.8% per year; rating input score 100; 94th percentile among comparable filings
  • Asset growth: 4.6% per year; rating input score 100; 56th percentile among comparable filings

Details

  • Where the money goes: 50.8% of revenue deployed · 100% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $6K in reported program spending
  • Leadership: top reported pay $0 · 3 people listed
  • Consistency: 7 of 7 current checks pass
  • Schedules: 1 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Financial Efficiency: Mission deployment rate scored 51/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.